Utah § 75-6-108 Financial institution protection -- Payment on signature of one party.

Utah Statutes

§ 75-6-108 — Financial institution protection -- Payment on signature of one party.

Utah § 75-6-108

Title 75Utah Uniform Probate Code

Ch. 75-6Nonprobate Transfers

Part 75-6-1Multiple-Party Accounts

This text of Utah § 75-6-108 (Financial institution protection -- Payment on signature of one party.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 75-6-108 (2026).

Text

Financial institutions may enter into multiple-party accounts to the same extent that they may enter into single-party accounts. Any multiple-party account may be paid, on request, to any one or more of the parties. A financial institution shall not be required to inquire as to the source of funds received for deposit to a multiple-party account, or to inquire as to the proposed application of any sum withdrawn from an account, for purposes of establishing net contributions.

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Financial institutions may enter into multiple-party accounts to the same extent that they may enter into single-party accounts. Any multiple-party account may be paid, on request, to any one or more of the parties. A financial institution shall not be required to inquire as to the source of funds received for deposit to a multiple-party account, or to inquire as to the proposed application of any sum withdrawn from an account, for purposes of establishing net contributions.